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A machine is purchased at $60,000. It will cost $7000 each year to operate including fuel and maintenance. There is a engine rebuilt cost

A machine is purchased at $60,000. It will cost $7000 each year to operate including fuel and maintenance. There is a engine rebuilt cost of 10000 in 6 years and it will be sold at year 9 for $6,000. draw the the cash flow diagram. Mark owes $38,000 in students loans for college. The interest rate is 7.25% and the loan will be paid off over 10 years. How much will mark pay altogether? What would $1000 become in a saving account at 3% per year for 3 years when the interest is not compounded (simple interest)? What would the same amount become after 3 years with the same rate but compounded annually? A machine is purchased at $60,000. It will cost $7000 each year to operate including fuel and maintenance. There is a engine rebuilt cost of 10000 in 6 years and it will be sold at year 9 for $6,000. draw the the cash flow diagram. Mark owes $38,000 in students loans for college. The interest rate is 7.25% and the loan will be paid off over 10 years. How much will mark pay altogether? What would $1000 become in a saving account at 3% per year for 3 years when the interest is not compounded (simple interest)? What would the same amount become after 3 years with the same rate but compounded annually? A machine is purchased at $60,000. It will cost $7000 each year to operate including fuel and maintenance. There is a engine rebuilt cost of 10000 in 6 years and it will be sold at year 9 for $6,000. draw the the cash flow diagram. Mark owes $38,000 in students loans for college. The interest rate is 7.25% and the loan will be paid off over 10 years. How much will mark pay altogether? What would $1000 become in a saving account at 3% per year for 3 years when the interest is not compounded (simple interest)? What would the same amount become after 3 years with the same rate but compounded annually? A machine is purchased at $60,000. It will cost $7000 each year to operate including fuel and maintenance. There is a engine rebuilt cost of 10000 in 6 years and it will be sold at year 9 for $6,000. draw the the cash flow diagram. Mark owes $38,000 in students loans for college. The interest rate is 7.25% and the loan will be paid off over 10 years. How much will mark pay altogether? What would $1000 become in a saving account at 3% per year for 3 years when the interest is not compounded (simple interest)? What would the same amount become after 3 years with the same rate but compounded annually?

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